Wednesday, May 18, 2011

Payroll departments also use an accounting clerk to collect and process timecards, calculate taxes, and other withholdings, and prepare payroll checks in a timely fashion. He must make certain timecards are accurate, and that applicable labor lawsare being followed, including breaks, limits on hours for underage workers, and overtime. A payroll clerk needs to be familiar with the applicable tax laws and may be asked to prepare reports and submit the withholdings to the proper tax authorities and other designated recipients.


Most companies require an accounting clerk to have a high school education or equivalent, with some related experience oraccounting related coursework. Larger companies, or those seeking more specialized assistance, may look for an applicant with an associate degree or related certification. A senior accounting clerk will need several years of experience or an associate's or bachelor's degree. This position requires critical thinking skills to evaluate data, analyze problems and implement solutions. A senior clerk often oversees cost accounting and inventory practices, and produces monthly reports such as profit and loss statements and balance sheets.





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